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re: Pros and cons of purchasing vacant land

Posted on 3/2/12 at 8:03 am to
Posted by LSUEnvy
Hou via Lake Chas
Member since May 2011
12106 posts
Posted on 3/2/12 at 8:03 am to
quote:

multiple acres of vacant land...

It can be a money pit. Look seriously at what it will cost for driveway,dozer work/dirt work for house pad,water well, electricity,barn,septic. If you could fence it off and put a few cows on it then you can write alot off.Look for land with some improvements and pick your neighbors wisely
Posted by mpar98
Baton Rouge
Member since Jan 2006
8034 posts
Posted on 3/2/12 at 8:07 am to
quote:

some improvements and pick your neighbors wisely


The one I am looking at has power at the road, excellent frontage and there has been some clearing/thinning out of the trees. Appears to be hi and dry land
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